After a successful short after bad inflation numbers and a closed position with a 12% profit, we are in a situation where we can potentially go long IF we see a bounce from the blue box. You can see on the chart that the blue box is between strong horizontal support and 0,618 Fib from potential wave 1. I'm not bullish, especially in this economic situation, and I think we are not over, but a bounce can go up to 1700-1800 ever this is accelerated by squeezing early shorts. Search for price action confirmation, or some divergence on RSI before entering COUNTER TREND TRADE. NFA, DYOR, stay safe.